Newport Appraisal Company understands the special needs of estate executorsThe responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved. Part of Newport Appraisal Company's focus is to provide top-notch, ethical appraisals that lawyers can rely on. We realize their needs and are familiar with helping with all parties involved. Among our staff, we are accustomed to interacting with law offices in composing reports that exceed their requirements. Contact us as soon as possible to discuss your explicit estate appraisal specifications and how we can put our knowledge to work for you. Generally, settling an estate necessitates an extensive appraisal report to show fair market value for the home to the satisfaction of the parties involved. We sympathize that in times like this, ordering an appraisal is the furthest thought from your mind. Of course, it's expected that you need to take care of your loved ones first. Newport Appraisal Company assures that our staff are comfortable with the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, certifying the strongest degree of discretion for you and your loved ones. People often forget that the IRS requires information filed to explain the numbers involved in estate sales. Opinions of value displayed in documents provided to the the IRS and OK state agencies absolutely should be supported by a detailed report as to how the appraiser acquired his conclusions. This sort of report will definitely show the evidence that the numbers expressed within the report are well-founded and accurate. Having a professional appraisal report from Newport Appraisal Company gives the executor definite facts and figures to work with in meeting IRS and OK state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever refuted. An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. |